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Banks can't win back business through optimistic future-focused messaging that ignores the real pain in our country. What customers really want is for their bank to apologize for its missteps.
October 4
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Agencies need to make sure that the regulations being implemented are necessary to address the problems the Dodd-Frank Act intended to address. Analyzing the rules' potential economic impact is critical, writes BankThink columnist Clifford Rossi.
October 4 -
The Federal Reserve Bank of San Francisco has terminated a memorandum of understanding with Wilshire Bancorp (WIBC) in Los Angeles.
October 4 -
Agencies need to make sure that the regulations being implemented are necessary to address the problems the Dodd-Frank Act intended to address. Analyzing the rules' potential economic impact is critical.
October 4
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Basel III is nearly incomprehensible to most readers, including bank directors, managers, and analysts. Of what use is a measure no one can understand? Tangible equity capital is understood by all.
October 4 -
"Angst over fair-lending enforcement was palpable," at a mortgage conference where lenders asked advice about the upcoming Consumer Financial Protection Bureau exams, observed our Kate Berry. Industry experts provided answers. Step One: check your HMDA data...
October 4 -
Republican presidential nominee Mitt Romney sharply questioned President Obama over Dodd-Frank during Wednesday's debate, charging that it reinforced too big to fail while asking why CFPB has not finalized the "qualified mortgage" rule.
October 3 -
WASHINGTON — The Basel Committee on Banking Supervision has tapped Charles Taylor from the Office of the Comptroller of the Currency to chair its standards implementation group.
October 3 -
Small-bank executives sound call for stronger firewalls between financial activities, but many say a straight return to the Depression-era law could have unintended consequences, including to their own business.
October 3 -
The Conference of State Bank Supervisors issued a statement Wednesday opposing the proposed Basel III rules, calling them "highly reactionary" and damaging to the banking system.
October 3
